Mercury General Corporation (MCY) Ex-Dividend Date Scheduled for December 11, 2012

By NASDAQ.com News December 07, 2012, 09:00:03 AM EDT

Mercury General Corporation ( MCY ) has announced an ex-dividend date of December 11, 2012 and a cash dividend payment of $0.6125 per share scheduled for December 27, 2012. Shareholders who purchased MCY stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 0.41% increase over the prior quarter. At the current stock price of $42.48, the dividend yield is 5.77%.

The previous trading day's last sale of MCY was $42.48, representing a -9.15% decrease from the 52 week high of $46.76 and a 17.97% increase over the 52 week low of $36.01.

MCY is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and The Travelers Companies, Inc. ( TRV ). MCY's current earnings per share, an indicator of a company's profitability, is $3.9. Zacks Investment Research reports MCY's forecasted earnings growth in 2012 as -26.64%, compared to an industry average of 6%.

For more information on the declaration, record and payment dates, visit the MCY Dividend History page.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: AIG, MCY, TRV



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